Prague: Chinese owners take over at Eden Arena

The mission of building Czechia’s new strongest club is in full swing as Chinese investors now have full control of both Slavia and their stadium. Now it’s time for construction works.

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Officially since last Friday Eden Arena is owned by the Chinese company CEFC. That same company had previously acquired Slavia Praha (2015), which means they now have full ownership and management of both the oldest football club and the largest stadium in the Czech Republic.

It was reported by the Czech News Agency that CEFC paid a stunning CZK 1 billion (or €37 million), which is more than the stadium cost to construct back in 2008.

With the consolidation of property by CEFC, now the Chinese company can focus on building the new powerhouse of Czech football. Slavia’s stadium is now expected to be expanded for €49.6 million to reach 30,000, perhaps even 35,000 seats. This way it will become eligible to host the UEFA Super Cup game.